LRE® Press Releases
June 27, 2011
Second Year in a Row William Raveis Real Estate Wins “Best Place to Work”
Posted by Supriya Anand
Boston, MA- William Raveis Real Estate, Mortgage & Insurance carried a repeat performance this year, outranking 320 major area companies to earn a top 2 spot in Boston Business Journal’s coveted “Best Places to Work” list for 2011. The real estate company received high honors by Boston Business Journal last year and ranked #1 “Best Places to Work” out of 440 companies that qualified. These awards recognize company achievements in creating a positive work environment that attracts and retains employees through a combination of employee satisfaction, working conditions and company culture.
“Equally important to our continued rapid expansion in Massachusetts is cultivating a great workplace culture as a competitive advantage,” said Chris Raveis, Managing Partner/Executive Vice President of William Raveis, Massachusetts. “We really strive to provide an environment conducive to success through a combined focus on cutting edge technology, a variety of marketing tools and strong support for agents,” Raveis continued. “Our team is particularly humbled to have received top honors from Boston Business Journal for the second year in a row! We really believe such recognition is attributed to our consistent message of treating our agents and staff as our customers.”
William Raveis Real Estate, Mortgage & Insurance was one of over 320 companies to qualify for consideration based on a two-stage nomination process and the results of employee-satisfaction surveys taken throughout April. There were more than 18,000 employee-satisfaction surveys that were assessed with the help of market research firm Quantum Workplace. Companies were organized and evaluated by size category- small (20-100 employees), midsize (101-500 employees) and large (more than 500 employees). William Raveis was the only real estate firm to surpass such world renowned companies as Google and Microsoft in ranking.
In addition to helping the company earn “Best Places to Work,” committed sales associates and staff contributed to a dramatic increase in marketshare for William Raveis in the first half of 2011. The company’s marketshare increased four times faster than area competition, jumping by 22.6% over the same time period last year. These numbers are particularly significant in a state that is experiencing a decrease in volume and has allowed William Raveis to maintain a strong growth pattern.
Since entering the Massachusetts marketplace in 2003, William Raveis has experienced phenomenal growth. In 2007, the company opened three new offices in Marblehead, Orleans and Osterville, with statewide sales volume jumping 48% from the previous year. In 2008, the company launched four additional offices in Falmouth, Scituate, Marblehead and Hingham. In 2009, the company added new offices in Chatham, Eastham, Orleans and Natick making William Raveis Real Estate the largest independent real estate firm in Massachusetts. Between the end of 2010 through present, the company opened seven additional offices, including two in downtown Boston. Currently, the company has 27 offices and over 500 sales associates in Massachusetts.
About William Raveis Real Estate
William Raveis Real Estate, Mortgage & Insurance is one of the top companies in the nation. It was recently ranked in 2010 by sales volume in RisMedia’s Real Estate® Magazine as the #1 family-owned real estate company in the Northeast and the 9th largest real estate company in the USA. The innovative firm is nationally recognized as an industry leader in technology, marketing and REALTOR® education. Its award-winning website, raveis.com, draws more than 10 million visits annually and includes more than 300,000+ MLS listings in Connecticut, New York, Massachusetts, Rhode Island, New Hampshire, Maine and Vermont.
William Raveis Real Estate is a household name in its founding state, CT and is the #1 real estate company in world-renowned Fairfield County. The company entered the Massachusetts marketplace in 2003 and, according to the 2010 closed sales volume in the Multiple Listing Service Pin, is now the largest independent brokerage in that state with 22 offices. William Raveis recently expanded into New York and presently has offices in Rye, Harrison, Katonah, Chappaqua and Sleepy Hollow in Westchester County. The firm has 2,700 highly trained sales professionals and 80 company-owned and affiliate offices in New York, Connecticut, Rhode Island and Massachusetts. For more information, visit raveis.com or blog.raveis.com.